Allianz SE, Europe’s biggest insurer, is expanding in Canada, targeting protection for the energy and mining industries. The insurer, which offers corporate property and casualty coverage in Canada through brokers, plans to boost gross written premiums in the nation to …
Great American Insurance Group has completed a renewal rights agreement with Selective Insurance Co. of America to acquire Selective’s Self-Insured Group book of business. The business, amounting to $38 million in gross written premium in-force, relates to direct excess policies …
West Virginia Gov. Earl Ray Tomblin has signed legislation imposing new safeguards on above-ground storage tanks and water systems in response to a Jan. 9 chemical spill in Charleston. The Water Resources Protection Act regulates storage tanks like the one …
An effort to reduce fatal crashes on secondary rural roads has been launched in Iowa. The Governor’s Traffic Safety Bureau announced the effort, which began April 1 and continues through Sept. 30, 2015. The program will focus on rural secondary …
Energi, a provider of risk management and insurance programs for the energy industry, has opened an office in Downers Grove, Ill. The new office, located at the Esplanade I, will provide operational support for Energi’s Midwest risk mitigation and insurance …
The Leavitt Group’s Spearfish and Sturgis, S.D. offices, formerly part of Western Dakota Insurors, are forming a new agency called Leavitt Heartland Insurance Services, which will remain part of the Leavitt Group. All personnel will remain with the agency and …
American International Group Inc. sued to block New York’s top financial regulator, Benjamin Lawsky, from fining it over marketing insurance overseas without a state license, claiming it would be unconstitutional. AIG, criticizing what it called a “flawed and unconstitutional” interpretation …
Mercury Insurance said the company is lowering its homeowners insurance rates for Pennsylvania residents by an average of 10 percent. The Los Angeles-based insurer said the rate reduction would help attract more customers. “Mercury is a major writer of homeowners …
Allied World U.S. has launched Privacy//403 SRVS, a Specified Response Vendor Solution (SRVS) policy to provide coverage for liability and expenses associated with the compromise of sensitive information and information systems, in the event of a data breach. The Privacy//403 …
New Jersey’s Transportation Department officials have found fewer crashes at intersections equipped with red-light cameras in the state. But the report also says the sample size is too small to draw conclusions. Officials say crashes were down 27 percent at …
